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Mountain Lake Acquisition Corp. II (Nasdaq: MLAAU) announced that, commencing March 19, 2026, holders may elect to separately trade the Class A ordinary shares and warrants included in the units. Separated shares will trade as MLAA and warrants as MLAAW; unsplit units remain MLAAU. No fractional warrants will be issued; only whole warrants will trade.
This announcement does not constitute an offer to sell or a solicitation to buy securities in jurisdictions where such transactions would be unlawful prior to registration or qualification.
Mountain Lake Acquisition Corp. II (Nasdaq: MLAA) closed an upsized initial public offering of 36,000,000 units at $10.00 per unit, including a 4,680,000-unit partial exercise of the underwriters' over-allotment option, producing $360,000,000 in gross proceeds.
Units began trading on the Nasdaq Global Market as MLAAU on January 27, 2026; separated Class A shares and warrants are expected to trade as MLAA and MLAAW. Each whole warrant is exercisable for one share at $11.50. BTIG acted as sole book-running manager and the SEC declared the registration effective January 26, 2026.
Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) priced an upsized initial public offering of 31,320,000 units at $10.00 per unit, implying gross proceeds of $313.2 million. Each unit contains one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable at $11.50. Units are expected to begin trading on the Nasdaq Global Market as MLAAU on January 27, 2026; upon separation shares and warrants are expected to trade as MLAA and MLAAW. BTIG is sole book-running manager. The underwriter has a 45-day option to purchase up to an additional 4,698,000 units to cover over-allotments. The offering is expected to close on January 28, 2026, and the registration statement was declared effective by the SEC on January 26, 2026.